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CM Hi-Tech Cleanroom (HKSE:02115) Interest Expense : HK$-1.3 Mil (TTM As of Dec. 2023)


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What is CM Hi-Tech Cleanroom Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CM Hi-Tech Cleanroom's interest expense for the six months ended in Dec. 2023 was HK$ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1.3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. CM Hi-Tech Cleanroom's Operating Income for the six months ended in Dec. 2023 was HK$ 32.0 Mil. CM Hi-Tech Cleanroom's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.7 Mil. CM Hi-Tech Cleanroom's Interest Coverage for the quarter that ended in Dec. 2023 was 45.20. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CM Hi-Tech Cleanroom Interest Expense Historical Data

The historical data trend for CM Hi-Tech Cleanroom's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CM Hi-Tech Cleanroom Interest Expense Chart

CM Hi-Tech Cleanroom Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.76 -1.07 -0.85 -3.05 -1.27

CM Hi-Tech Cleanroom Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.45 -1.45 -1.67 -0.56 -0.71

CM Hi-Tech Cleanroom Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CM Hi-Tech Cleanroom  (HKSE:02115) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CM Hi-Tech Cleanroom's Interest Expense for the six months ended in Dec. 2023 was HK$-0.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$32.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$3.7 Mil.

CM Hi-Tech Cleanroom's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*31.959/-0.707
=45.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. CM Hi-Tech Cleanroom Ltd has enough cash to cover all of its debt. Its financial situation is stable.

CM Hi-Tech Cleanroom (HKSE:02115) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CM Hi-Tech Cleanroom Ltd (HKSE:02115) » Definitions » Interest Expense
Comparable Companies
HKSE:00713 HKSE:01897 HKSE:01937 HKSE:08646 HKSE:01653 HKSE:09938 HKSE:00145 HKSE:01592 HKSE:03313 HKSE:08526 TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX
Traded in Other Exchanges
N/A
Address
Lot P.T. 14274, Jalan SU8, Persiaran Tengku Ampuan, Shah Alam, SGR, MYS, 40400
Website
https://www.channelmicron.com
CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.
Executives
Ng Yew Sum 2101 Beneficial owner
Bockmiller Douglas Frederick 2101 Beneficial owner
Chia Francis Mong Tet 2101 Beneficial owner
Dbs Trustee Limited 2301 Trustee
Bockmiller Lauren Lindquist 2307 Founder of a discretionary trust who can infl
Yap Fui Lee 2202 Interest of your spouse
Chia Mong Tet, Francis 2101 Beneficial owner
Yau Ah Lan 2202 Interest of your spouse

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